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Replies: 20 / Views: 1,935 |
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Bedrock of the Community
United States
10047 Posts |
By all means check ebay! While these are not perfect coins, they have the historic value and a lot of poeple will pay for one of these as a filler until they can afford something without a hole. The dated ones, specifically, should bring in better than melt value. I see the attitude towards older damaged coins, in this decent of a non-worn condition (well - two of them), to be yet another bad influence from the slabbing industries. Some people are under the very bad misconception (not saying the specific members who posted above are), that if it would not get a decent grade and label in a slab, then its not worth anything but melt. This is a problem when commercialization enters a hobby.
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Valued Member
 United States
51 Posts |
@Big Silver Thank you for the advice! I have had some success selling on ebay in the past. It seems as though that would be my best bet for these kind of coins?
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Valued Member
 United States
51 Posts |
That makes sense, I can see that to professionals looking for slabbed coins, these wouldn't really have any value. But for others, it seems like these could make for nice hole fillers. I personally really liked the 1826, I've never seen a perfect one, but when I got this one, the details seemed to be quite remarkable aside from the hole and dent! Is it just me, or is the reverse of the 1826 kind of off-centered?
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Bedrock of the Community
United States
10047 Posts |
Its not just professionals though who are collecting slabs. Slabs can be a fun way to enjoy the hobby, but unfortunately people who have grown up with the internet and ebay have come to see slabs as just a natural, integral, and important part of the coin collecting hobby. While I always urge people to enjoy a hobby the way they find is most fun for them (definition of what a hobby should be) - as an old timer in the hobby I don't like how marketing has made a generation of collectors who do not realize slabbing is far from essential and is just a commercialized service. Overall it has done a lot of harm to the hobby such as in the very way we see here in your thread. Forget the history of each piece, forget the amazing design - melt it b/c its not slab worthy! Sad. Anyway - let me also say the facts are the slabbing companies do offer services which can help some enjoy the hobby. Some people like the look of certain special labels (which are charged more for putting them in the slab but look nice), some people like to make a set all of one grade, etc. Its all about how a person wants to collect. Just be well informed and always ... buy the coin and not the slab.
How much squash could a Sasquatch squash if a Sasquatch would squash squash? Download and read: Grading the graders Costly TPG ineptitude and No FG Kennedy halveshttps://ln5.sync.com/dl/7ca91bdd0/w...i3b-rbj9fir2
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Pillar of the Community
United States
3843 Posts |
Just my opinion
1856-O VF-30 Details, holed. Possibly worth $20-25 to a budget conscious collector. 1826 F-15 Details, holed and filed. Possibly worth $20-25 to a budget conscious collector. 1876 F-Details, holed, cleaned, and ugly. Worth melt.
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Bedrock of the Community
United States
10982 Posts |
I agree with Joe2007. Best case on ebay the three coins bring $50 retail. Back out your fees/shipping and you net $40. That is a best case. You have to be prepared to take $20 or $30 for the group becuase that is closer to their real value.
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Valued Member
 United States
51 Posts |
That's unfortunate. I'll probably just hold on to them then because I find them more valuable to myself I think! Thanks for your help though, one day I hope to be able to afford these coins without the holes!
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Pillar of the Community
United States
1005 Posts |
You are right, bull chaser. To many people that only see value in high end coins, any kind of problem on silver, no matter how old or scarce, relegates it to being worth only "melt". This view is incorrect, and could result in historical coins literally being melted if people ignore the fact that many collectors never get to collect these beautiful early series due to scarcity and cost. These coins have so much more value than their silver and we are responsible for preserving the coins that are left for posterity.
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Pillar of the Community
United States
8715 Posts |
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Pillar of the Community
United States
8520 Posts |
How much did you pay for them ?
Oregon coin geek.....*** GO BEAVS ! ! ! ***
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Valued Member
 United States
51 Posts |
$32 for the 1826 (the third most I ever paid for a coin, but I really liked it!) and somewhere between $10-15 each for the other two I don't remember exactly it was a while ago.
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Bedrock of the Community
United States
94367 Posts |
I'll never understand the appeal of this sort of thing, but it's your money.  to the CCF!
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Valued Member
 United States
51 Posts |
Thanks! And yeah I understand, the appeal to me is being able to see what a coin from nearly 200 years ago looks like! In fact, the condition is nearly perfect so I can see all of the details. Yeah there is a hole which kills the value for a serious collector, but I believe that the visual appeal of the coin survives for an amateur collector. But I can definitely see how coins like these hold next to no value for a serious collector.
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Bedrock of the Community
United States
10047 Posts |
Quote: I'll never understand the appeal of this sort of thing, but it's your money. I understand. Not too far from where I am sitting is a rock that has had Lock Ness written on it in Permanent marker. So what? Its a rock! Yes, but its an actual piece of Loch Ness. But...but...its just a rock! No matter where I travel, one of the most cherished souvenirs I get is a rock - about fist sized or larger. A legitimate piece from Loch Ness; The Great Salt Lake; Lake Erie; the Bay of Fundy; a piece of rock blasted from the (literal) face of the Crazy Horse monument; a boulder sized chunk of coquina from Daytona; a ballast rock from Augusta; 4-corners (near - where it was legal to take a rock!); a Pony Express station (nearby - where it was legal to take a rock); etc. etc. And they are all labeled/engraved as to their origin. I have a tiny set I picked up on European travels (big rocks don't carry so well on planes) - and one from right at Ground Zero NYC. So you have holed coins from the early 1800s - who touched them? Where were they spent...and on what? Were they on a battlefield of the Civil War? Who in the world took the time to put a hole in them (and likely before the convenience of electric drills!)? This is what happens when you put history into a more prominent spot of a hobby than the aesthetics of some of the hobby items. If perfect examples of these coins were a dime a dozen, then I would understand not paying anything for a holed one. But when starting out, or when getting the first of a type set and not wanting to pay a whole lot, these are still a legit piece of early American history and have their own mysteries and amazement associated with them. But, what do I know? I collect glass insulators as avidly as coins, and recently I have gotten into restoring old hand tools for the history aspect. 
How much squash could a Sasquatch squash if a Sasquatch would squash squash? Download and read: Grading the graders Costly TPG ineptitude and No FG Kennedy halveshttps://ln5.sync.com/dl/7ca91bdd0/w...i3b-rbj9fir2
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Valued Member
 United States
51 Posts |
I agree! It is fascinating to think of all the people who possessed these coins at some point. And it makes me wonder where the coin was that it was preserved so nicely for all these years.
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